Evenly Balanced Budget, Says Alstom India

The Union Budget presented by Finance Minister Arun Jaitley was evenly balanced budget between industry and common people. Given the limited fiscal space, Mr Jaitley has taken several small but positive steps instead of any big bang reform announcements. While there are positive initiatives towards power sector including UMPPs and renewable projects, one needs to see the execution speed, particularly in view of huge NPAs stuck with...